Question
Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows: 30
Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
30 Medicare cases pay $2,000 per case
30 Blue Cross Blue Shield cases pay $2,200 per case
20 commercial cases pay 100 percent of charges
10 Medicaid cases pay average cost
8 self-pay cases pay 100 percent of charges
2 charity cases pay nothing
Average cost per case is expected to be $2,200, and the average charge per case is $2,500.
Calculate gross patient revenue, deductions from gross patient revenue, net patient revenue, total expenses, and excess of revenues over expenses above.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started